Shenzhen Exc Led Technology Co Ltd (300889) — Capital Reinvestment Ratio

Latest as of December 2025: 0.25x

Shenzhen Exc Led Technology Co Ltd (300889) has a Capital Reinvestment Ratio of 0.25x as of December 2025, meaning it reinvests 0% of its operating cash flow (CN¥58.81 Million) in capital expenditures (CN¥14.68 Million). Check 300889 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.25x
Capex / Operating Cash Flow

Operating Cash Flow

CN¥58.81 Million
CNY

Capital Expenditures

CN¥14.68 Million
CNY

Data as of

Dec 2025
Most recent filing

Shenzhen Exc Led Technology Co Ltd Capital Reinvestment Ratio (2016–2025)

This chart tracks Shenzhen Exc Led Technology Co Ltd's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see 300889 cash flow metrics.

Annual Capital Reinvestment Ratio for Shenzhen Exc Led Technology Co Ltd (2016–2025)

Year-by-year Capital Reinvestment Ratio for Shenzhen Exc Led Technology Co Ltd from 2016 to 2025. See Shenzhen Exc Led Technology Co Ltd (300889) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (CNY) Capital Expenditures YoY Change
2025 0.70x CN¥39.72 Million CN¥27.90 Million ▲ +191.1%
2024 0.24x CN¥90.16 Million CN¥21.76 Million ▼ -77.4%
2021 1.07x CN¥118.88 Million CN¥127.18 Million ▲ +267.7%
2019 0.29x CN¥144.55 Million CN¥42.05 Million ▲ +11.2%
2018 0.26x CN¥94.84 Million CN¥24.82 Million ▼ -86.3%
2017 1.90x CN¥12.33 Million CN¥23.47 Million ▲ +91.8%
2016 0.99x CN¥3.66 Million CN¥3.63 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow